Opera Would Cost Facebook Over $1 Billion: Analysts

Facebook

OSLO (Reuters) - Opera Software would cost Facebook over $1 billion as competition from Google and others could push up the price tag, analysts said on Tuesday, as takeover talk pushed the shares up as much as 26 percent on Tuesday.

Senh: This sounds like a short-term thing if Facebook decides to buy Opera because most people will be using smartphones in the long term. Opera Mini is great if you don't have broadband connection (3G or 4G) or if you're using a simple cell phone.

Sections:  news   business   
Topics:  acquisition   facebook   google   opera   opera software   takeover   web browser   
RELATED ARTICLES
  • Microsoft may buy Barnes & Noble's Nook unit for $1 billionMicrosoft may buy Barnes & Noble's Nook unit for $1 billion
    According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture. According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture. More
  • YouTube Said to Be Planning a Subscription Option
    The Web site this week is expected to announce a plan to let some video makers charge a monthly subscription, according to people with knowledge of the plan. More
BING NEWS:
  • Opera web browser introduces built-in ad-blocker
    Ad-blocking cost digital publishers an estimated US$22 billion (S$30 billion ... "The ad blocking announcement (by Three) is a plea to companies like Facebook and Google to include Three and other mobile operators in the mobile advertising value chain."
    03/11/2016 - 8:39 pm | View Link
  • Opera turns online video into smart TV apps
    Click to share on Facebook ... TVs for no cost and in less than a minute. The technology has already found its first partner in Dailymotion, the world’s second largest video site, which attracts over 112 million unique visitors and 2.5 billion video ...
    07/10/2013 - 8:39 pm | View Link
  • In Mobile Ads, iOS Is Still The Most Valuable Platform; Apps Drive 73% Of All Revenues, Says Opera
    We’re seeing a lot of evolution and growth in the world of mobile ads — Facebook’s recent introduction of ads ... which sends ads to some 10,000 mobile sites and apps and sees over 40 billion impressions across the network. It notes that collectively ...
    10/25/2012 - 1:03 am | View Link
  • Facebook replaces Chrome recommendation with Opera, foreshadowing?
    Analysts are predicting that the acquisition could cost Facebook over $1billion. Lest we forget that Facebook spent $1 billion to acquire Instagram not too long ago in a deal that hasn’t even been finalized yet.
    05/31/2012 - 4:00 am | View Link
  • If Facebook wants Opera, the price just went up
    But Facebook does have a market cap of $87 billion, despite last week's Facebook IPO mess ... Telefonica has signed on as a B2G supporter as a way to sell lower-cost smartphones, so the project is real if not anything that's going to dethrone Android ...
    05/29/2012 - 3:51 am | View Link
  • More
BING SEARCH:
  • Opera seen a Facebook fit but no For Sale sign | Reuters
    Facebook is under pressure to make money from the increasing number of users who access the social networking site from mobiles, making Norway's Opera a good fit for ...
    05/29/2012 - 2:00 pm | View Website
  • Facebook To Buy Opera? Rumored Deal Could Cost Social ...
    Facebook To Buy Opera? Rumored Deal Could Cost Social Network Over $1 Billion. ... (a Facebook-Opera combination) ... valuing Opera at $1.35 billion.
    05/29/2012 - 2:19 am | View Website
  • Opera would cost Facebook over $1 billion: analysts ...
    Opera Software would cost Facebook over $1 billion as competition from Google and others could push up the price tag.
    04/18/2016 - 7:39 am | View Website
  • Opera would cost Facebook over $1 billion: analysts
    Opera Software would cost Facebook over $1 billion as competition from Google and others could push up the price tag, analysts said on Tuesday, as takeover talk ...
    | View Website
  • If Facebook wants Opera browser, analysts predict $1 ...
    Opera Software would cost Facebook over $1-billion as competition from Google and others could push up the price tag, analysts said on Tuesday, as takeover talk ...
    05/29/2012 - 4:49 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News